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, and today's investment ideas. good morning. it's thursday, february 21st. i'm angela miles. in today's first look: traders are on fed alert. traders shifted into sell-off mode yesterday. the dow is back below 14,000 and the s&p 500 had its worst day of the year. much of that had to do with a sign from the fed its bond buying program may be winding down. we'll take a closer look at the slides in gold and oil later in the show. and sony took the wraps off a new product last night: playstation 4. it's intended to compete against games on the web and mobile devices. and electric car company tesla is set to turn a small profit in the first quarter. however, the stock sold off 3% last night after the company revealed losing $90 million in the 4th quarter. if you're wondering what traders think about yesterday's sell-off, todd horwitz is here to tell us. he's with the adam mesh group. hi todd. > > hello. we are making dramatic moves, and technically there is no damage to the market. the trend in the market still remains higher. just look for us to come down for some support here around 1500 or 1505
.i'm angela miles. in today's first look:friday watch on this monday last friday.. the dow rallied more than 100 points. the dow as staged a friday rally every week so far this year.this coming friday however, could get interesting as sequestration could take affect pumped up gas prices ... the national average for a gallon of unleaded jumped from $3.64 cents to $3.78 mortgage rates are on the rise.the 30 year fixed climbed to 3.56% could stir up or slow down home buying. the 15 year remains the same at 2.77% politics and money could make up a big part of today's trading session. daniel stecich of tjm institutional services joins us on the show. good morning to you. > >good morning. > >let's start with the united states. we have the sequestration question. what will it mean for traders today? > >here's what i'm thinking the sequestration thing will do--- in the long run, i'm not to worried about it. i think the market will still grow. i don't think it will have a tremendous impact on our gdp. but in the short term going up until friday when we see some sort of a decision one way or the oth
Search Results 0 to 1 of about 2